2015 FISCAL YEAR ANNUAL REPORT 209 W. Jackson 209 West Jackson provides a safe and affordable living environment for low income, single adults, small families, and young adults with disabling conditions or significant risks of homelessness. The community is conveniently located in Downtown Phoenix close to major bus lines and the Valley Metro Light Rail system that connects residents to nearby employment, services, and recreational activities. The 300 fully furnished studio apartments allow residents to maintain self-sufficiency in a healthy living environment. JULY1, 2014 / JUNE30 2015 CONTENTS FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 EXECUTIVE SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 FISCAL YEAR 2015 IN SUMMARY. . . . . . . . . . . . . . . . . . . . . . . . . . 2 RENTAL PROGRAMS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-5 HOMEOWNERSHIP PROGRAMS . . . . . . . . . . . . . . . . . . . . . . . . .6-7 HOMELESS AND SPECIAL NEEDS PROGRAMS. . . . . . . . . . . . . . . .8 OTHER HOUSING ACTIVITIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 COMMUNITY DEVELOPMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 COMMITMENT CHART AND OTHER INFORMATION. . . . . . 11-20 2 EXECUTIVE SUMMARY FISCAL YEAR 2015 ANNUAL REPORT In FY2015, the Arizona Department of Housing through its federally funded programs provided over $255 million in housing and community revitalization assistance, improving living conditions for over 35,000 Arizona households. The Arizona Housing Finance Authority provided over $162 million of assistance to over 1,000 Arizona homebuyers through its mortgage loan program, a 360% increase in the number of homebuyers assisted compared with the same period last year. The Arizona Home Foreclosure Funding Corporation assisted 801 Arizona households by providing over $30 million in assistance statewide through its home foreclosure assistance program, Save Our Home AZ. The need for affordable housing remains at a premium. Over the last few years, ADOH has significantly increased our efforts to promote affordable rental housing units within walking distance of public transportation through the state. Thanks to the Low-Income Housing Tax Credit program and a continued commitment from ADOH to meet the demand for more transit oriented communities, Arizona residents are discovering that they can find location efficient affordable housing, cutting their commuting costs and gaining better access to opportunity. 1 JULY 1, 2014 - JUNE 30, 2015 The agency strives to efficiently and effectively invest the taxpayer funds it has been entrusted with to make Arizona the best place to live, work and play and provide opportunity for all. It is our pleasure to have the opportunity to highlight and share with you our accomplishments in the Fiscal Year 2015 Annual Report. This report illustrates the outstanding work that the Arizona Department of Housing, the Arizona Housing Finance Authority, and the Arizona Home Foreclosure Prevention Funding Corporation continue to accomplish for the citizens of Arizona. As 2015 comes to a close, the agency remains committed to providing programs and critical resources to our most vulnerable populations in addition to finding responsible and reasonable solutions to address the housing issues facing our great state. FISCAL YEAR 2015 IN SUMMARY 37,493 ARIZONANS PROVIDED HOUSING ASSISTANCE FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 ARIZONA DEPARTMENT OF HOUSING, ARIZONA HOUSING FINANCE AUTHORITY AND ARIZONA HOME FORECLOSURE PREVENTION FUNDING CORPORATION ACHIEVEMENTS The Arizona Department of Housing provides programs and critical resources to the most vulnerable populations of the state while serving as the driver for economic development and leveraging private capital. Whether it is through our work to provide safe and affordable housing, assistance to help aid our homeless and special needs populations, or our ongoing efforts to prevent Arizonans from losing their homes to foreclosure, we are committed to finding responsible and reasonable solutions to address the housing needs of our state. As a state agency, it is our ongoing responsibility to help keep Arizona state government DURING FY 2015 Arizona Department of Housing (ADOH) open, transparent, and accountable. In keeping with these goals, our annual report provides a comprehensive look at how exactly our federal tax dollars are flowing back to the state and being put to work. Arizona Housing Finance Authority (AzHFA)  rizona Home Foreclosure Prevention Funding A Corporation (AHFPFC) During FY2015, the Arizona Department of Housing (ADOH), the Arizona Housing Finance Authority (AzHFA), and the Arizona Home Foreclosure Prevention Funding Corporation (AHFPFC) made combined commitments of over $459 million in state and federal assistance to support housing and community development activities through- made commitments of $459 million in state and federal assistance 2,023 out Arizona. Over the course of the year, the agency touched the lives of over 37,493 people, most of which are low income, providing some type of housing or community development assistance. Through the federally funded Save Our Home AZ Program and the National Mortgage Foreclosure Counseling Program, 2,023 families received housing counseling and foreclosure prevention assistance. families received foreclosure prevention assistance 2 RENTAL PROGRAMS FISCAL YEAR 2015 ANNUAL REPORT RENTAL PROGRAMS The availability of affordable housing remains a necessity for economic development in the state. During FY2015, the agency made commitments to invest almost $184 million in financing to support 1,607 affordable rental units. Financing was obtained by housing developers to support various affordable housing projects across Arizona. Generally, these projects are required to guarantee 20-30 years of affordability in exchange for public financing at favorable terms. $110.5 million, or approximately 60 percent of the financing, will go toward the construction of 640 units. These units will remain affordable to low-income households for the next 30 years. Over $73 million, or approximately 40 percent of the financing, will go toward the construction of 967 units through the acquisition and the rehabilitation of existing structures. This financing has been critical in eradicating and transforming blighted neighborhoods and extending the life of affordable rental units. Rental units were funded through a number of funding sources, including the Arizona Housing Trust Fund, the Federal HOME Investment Partnership Program (HOME), the federal Low-Income Housing Tax Credit (LIHTC) program, and other federal stimulus dollars. A full breakdown of the funding invested is located in the tables at the end of this report. 3 JULY 1, 2014 - JUNE 30, 2015 RENTAL PROGRAMS FISCAL YEAR 2015 ANNUAL REPORT $184,000,000 million IN FINANCING TO SUPPORT 1,607 AFFORDABLE RENTAL UNITS. $73 MILLION used to assist 967 units THROUGH ACQUISITION AND REHABILITATION $110.5 MILLION used toward the construction of 640 units of new construction. 4 JULY 1, 2014 - JUNE 30, 2015 RENTAL PROGRAMS FISCAL YEAR 2015 ANNUAL REPORT RENT SUBSIDIES In FY2015, the agency administered over $57 million in rental subsidy payments, assisting 9,251 extremely low-income Arizonans with their monthly rent. Among those assisted were very low-income seniors, formerly homeless individuals, seriously mentally ill, households living with HIV/AIDS, and other special JULY 1, 2014 - JUNE 30, 2015 FY 2015 9,251 EXTREMELY needs groups. 99 percent of the rent subsidy dollars administered consisted of federal dollars. LOW-INCOME ARIZONANS Generally, when households are assisted with public monies to assist with their rent, they are expected WERE ASSISTED WITH THEIR MONTHLY RENT to contribute 30 percent of their income with the subsidy covering the difference between what the household can afford and reasonable modest rent payment. $57 million IN RENTAL SUBSIDY PAYMENTS 5 HOMEOWNERSHIP PROGRAMS FISCAL YEAR 2015 ANNUAL REPORT HOMEOWNERSHIP ASSISTANCE In FY2015, nearly 1,050 individuals became homeowners by utilizing Arizona’s Single Family Loan and Down Payment/Closing Cost Assistance programs JULY 1, 2014 - JUNE 30, 2015 1,050 Became Homeowers USING ARIZONA’S HFA HOUSING REHABILITATION AND REPAIR PROGRAMS SINGLE FAMILY LOAN PROGRAM Over $5 million in federal funding was spent on housing rehabilitation programs this year. These limited funds were critical in providing assistance and helping to extend the life of affordable homes as well as ensure safe, decent living environments for some of Arizona’s poorest homeowners. Most assisted homeowners are low income, elderly, and living on fixed incomes which makes this funding for basic repairs essential. Even with a decrease in resources, the agency was able to provide assistance to 160 homes, providing valuable resources for individuals needing repairs to their properties. Community Development Block Grant funds may be utilized to complete major repairs or simply to address emergency situations; HOME funds require major rehabilitation of each home touched. Over $5 million IN FEDERAL FUNDING For rehabilitation ASSISTANCE 6 HOMEOWNERSHIP PROGRAMS FORECLOSURE PREVENTION FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 In FY 2015 the agency was able to provide counseling and financial assistance to 2,023 families. In FY2015, the agency was able to assist 2,023 families with housing counseling and financial assistance. Over $30.7 million in program assistance was committed to assist these homeowners through the federally funded Save Our Home AZ program and the National Mortgage Foreclosure Counseling program. Additionally, our foreclosure hotline assisted over 1,222 households with callers receiving extensive counseling services. Foreclosure counselors provide valuable information for homeowners seeking information on foreclosure prevention. Many of the callers are assessed over the phone and directed to pursue assistance through the agency’s foreclosure prevention program, Save Our Home AZ. Save Our Home AZ was created to assist homeowners avoid foreclosure on their primary residence. The program provides assistance in the form of Principal Reduction Mortgage Modification, Unemployment/Underemployment Mortgage Assistance, Second Lien Elimination, and Short Sale Assistance. FORECLOSURE HOTLINE assisted over 1,222 housholds 7 HOMEOWNERSHIP PROGRAMS FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 HOMELESS PREVENTION PROGRAM Our Special Needs Division continues to develop and implement supportive housing programs for homeless and disabled populations in rural Arizona. Throughout FY2015 our team consistently produced excellent results allowing the agency to remain as a top competitor for the national pool of Continuum of Care Funding, which provides grant dollars for housing Arizona’s homeless population Our ability to forge partnerships has greatly increased the productivity of 43 supportive housing programs in rural Arizona, thereby avoiding federal funding reductions. EMERGENCY OPERATING FUNDS FOR SHELTERS AND SERVICE DOLLARS FOR SUPPORTIVE HOUSING PROGRAMS The agency continues to field numerous requests for emergency operating funds in order for homeless shelters to keep their doors open due to budget shortfalls. This includes assisting shelters during the cold winter months in northern Arizona or keeping overflow shelters open in Phoenix during the hot summer months. The agency remains committed to providing assistance to these essential programs and in FY2015 was able to commit over $1.15 million in resources through state and federal funding. Photo taken by Jason Grubb, Camerawerks. 8 OTHER HOUSING ACTIVITIES FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 In September 2014, the agency sponsored its annual Housing Forum held in Tucson where 25 states were represented by over 400 attendees. OTHER HOUSING ACTIVITIES Every year the agency funds a number of housing related activities that do not directly fall into any of the categories already mentioned in this annual report, including: • In September 2014, the agency sponsored its annual Housing Forum held in Tucson where 25 states were represented by over 400 attendees. The Housing Forum is the only statewide housing conference in Arizona and it has become a venue for elected officials, policymakers, industry professionals, advocates, and community leaders from across the state and nation to address the significant challenges facing Arizona’s housing market. • Administration funding for local governments and nonprofits operating housing programs through subcontracts with the agency were provided. The assistance supported numerous local housing positions around the state, administering dayto-day activities related to housing rehabilitation programs, homeless prevention programs, rental assistance, and more. 9 • The agency continued to support a free online web-based search engine, where low-income households looking for available rental units would be able to find vacant, immediately available units statewide. This service provides a way for the public to search for affordable units by location, size, rent amount, and amenities. COMMUNITY DEVELOPMENT FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 COMMUNITY DEVELOPMENT ACTIVITIES In FY2015, the agency awarded over $6 million that provided infrastructure development, public works projects, emergency equipment needed, social service funding, and a number of other community development related activities to over 19,000 individuals. Community development activities reached over 19,000 individuals. 10 HOUSING DOLLAR COMMITMENTS BY ACTIVITY S S STATE F ARIZONA DEPARTMENT OF HOUSING S F FISCAL YEAR 2015 ANNUAL REPORT S S F S F S F F F FEDERAL CDBG HOME HTF LIHTC LIHTC 9% 4% S S F Section 8 Housing Choice Vouchers F Project-Based Section 8 HOPWA JULY 1, 2014 - JUNE 30, 2015 S S S F F F Continuum of Care Neighborhood Stabilization Program (NSPI&III) National Mortgage Foreclosure Counseling Program Total ADOH Multi Family Sub Total 0 5,626,021 4,188,979 153,703,920 20,164,480 1,239,103 51,349,528 129,126 4,064,589 750,000 0 $241,215,746 New Construction 0 2,250,000 1,500,000 99,219,170 6,806,090 0 0 0 0 750,000 0 $110,525,260 Acquisition-Rehab 0 3,376,021 2,238,979 54,484,750 13,358,390 0 0 0 0 0 0 $73,458,140 Rental Assistance 0 0 450,000 0 0 1,239,103 51,349,528 129,126 4,064,589 0 0 $57,232,346 Single Family Sub total $2,374,477 $3,000,000 0 0 0 0 0 0 0 0 $360,600 $5,735,077 New Development 0 0 0 0 0 0 0 0 0 0 0 $0 Homeowner Rehab $2,374,477 $3,000,000 0 0 0 0 0 0 0 0 0 $5,374,477 Homeownership As- 0 0 0 0 0 0 0 0 0 0 0 $0 Foreclosure Prevention 0 0 0 0 0 0 0 0 0 0 0 $0 Foreclosure Counseling 0 0 0 0 0 0 0 0 0 0 $360,600 $360,600 Emergency and Transi- $579,357 0 $357,500 0 0 0 0 $94,811 $680,751 0 0 $1,712,419 Eviction Prevention $207,589 0 0 0 0 0 0 $48,425 0 0 0 $256,014 Development of Transi- 0 0 0 0 0 0 0 0 0 0 0 $0 Dev/Rehab of Shelters $302,453 0 0 0 0 0 0 0 0 0 0 $302,453 Operating and Services $69,315 0 $357,500 0 0 0 0 $46,386 $680,751 0 0 $1,153,952 Other $6,087,626 0 $903,563 0 0 0 0 0 $235,140 0 0 $7,226,329 Miscellaneous activities 0 0 $903,563 0 0 0 0 0 $235,140 0 0 $1,138,703 Other Eligible Non Housing CDBG Project $6,087,626 0 0 0 0 0 0 0 0 0 0 $6,087,626 Total $9,041,460 $8,626,021 $5,450,042 $153,703,920 $20,164,480 $1,239,103 $51,349,528 $223,937 $4,980,480 $750,000 $360,600 $255,889,571 11 HOUSING DOLLAR COMMITMENTS BY ACTIVITY (AZHFA/AHFPFC) FISCAL YEAR 2015 ANNUAL REPORT AZHFA AHFPFC S S F STATE JULY 1, 2014 - JUNE 30, 2015 F FEDERAL SINGLE FAMILY LOAN PROGRAM Downpayment/ Closing Cost Asst Multi-Family Bonds Total AzHFA SOHAZ Total of ADOH/ AzHFA/ CORP Total Corp Multi Family Sub Total 0 0 4,100,000 4,100,000 0 0 $245,315,746 New Construction 0 0 0 0 0 0 $110,525,260 Acquisition-Rehab 0 0 4,100,000 4,100,000 0 0 $77,558,140 Rental Assistance 0 0 0 0 0 0 $57,232,346 Single Family Sub total 162,201,977 6,488,079 0 168,690,056 30,397,583 30,397,583 $204,822,716 New Development 0 0 0 0 0 0 $0 Homeowner Rehab 0 0 0 0 0 0 $5,374,477 Homeownership Assistance 162,201,977 6,488,079 0 168,690,056 0 0 $168,690,056 Foreclosure Prevention 0 0 0 0 29,242,544 29,242,544 $29,242,544 Foreclosure Counseling 0 0 0 0 1,155,039 1,155,039 $1,515,639 Emergency and Transitional 0 0 0 0 0 0 $1,712,419 Eviction Prevention 0 0 0 0 0 0 $256,014 Development of Transitional 0 0 0 0 0 0 $0 Dev/Rehab of Shelters 0 0 0 0 0 0 $302,453 Operating and Services 0 0 0 0 0 0 $1,153,952 Other 0 0 0 0 0 0 $7,226,329 Miscellaneous activities 0 0 0 0 0 0 $1,138,703 Other Eligible Non Housing CDBG Project 0 0 0 0 0 0 $6,087,626 Total $162,201,977 $6,488,079 $4,100,000 $172,790,056 $30,397,583 $30,397,583 $459,077,210 12 HOUSEHOLDS ASSISTED FISCAL YEAR 2015 ANNUAL REPORT S S STATE F ARIZONA DEPARTMENT OF HOUSING S F S S F S F S F F F FEDERAL CDBG HOME HTF S LIHTC LIHTC 9% 4% S F Section 8 Housing Choice Vouchers F Project-Based Section 8 HOPWA JULY 1, 2014 - JUNE 30, 2015 S S S F F F Continuum of Care Neighborhood Stabilization Program (NSPI&III) National Mortgage Foreclosure Counseling Program Total ADOH Multi Family Sub Total 0 51 378 984 539 220 8,083 27 567 9 0 10,858 New Construction 0 14 11 506 100 0 0 0 0 9 0 640 Acquisition-Rehab 0 37 13 478 439 0 0 0 0 0 0 967 Rental Assistance 0 0 354 0 0 220 8,083 27 567 0 0 9,251 Single Family Sub total 69 91 0 0 0 0 0 0 0 0 1,222 1,382 New Development 0 0 0 0 0 0 0 0 0 0 0 0 Homeowner Rehab 69 91 0 0 0 0 0 0 0 0 0 160 Homeownership As- 0 0 0 0 0 0 0 0 0 0 0 0 Foreclosure Prevention 0 0 0 0 0 0 0 0 0 0 0 0 Foreclosure Counseling 0 0 0 0 0 0 0 0 0 0 1,222 1,222 Emergency and Transi- 2,846 0 1,150 0 0 0 0 30 231 0 0 4,257 Eviction Prevention 177 0 0 0 0 0 0 30 0 0 0 207 Development of Transi- 0 0 0 0 0 0 0 0 0 0 0 0 Dev/Rehab of Shelters 2,272 0 0 0 0 0 0 0 0 0 0 2,272 Operating and Services 397 0 1,150 0 0 0 0 0 231 0 0 1,778 Other 19,085 0 0 0 0 0 0 0 0 0 0 19,085 Miscellaneous activities 0 0 0 0 0 0 0 0 0 0 0 0 Other Eligible Non Housing CDBG Project 19,085 0 0 0 0 0 0 0 0 0 0 19,085 Total 22,000 142 1,528 984 5399 220 8,083 57 798 9 1,222 35,582 SECTION 8 PBCA RENTAL SUBSIDY PASSTHROUGH NOT BROKEN DOWN BY COUNTY 13 HOUSEHOLDS ASSISTED (AZHFA/AHFPFC) FISCAL YEAR 2015 ANNUAL REPORT AZHFA AHFPFC S S F STATE JULY 1, 2014 - JUNE 30, 2015 F FEDERAL SINGLE FAMILY LOAN PROGRAM Downpayment/ Closing Cost Asst Multi-Family Bonds Total AzHFA SOHAZ Total of ADOH/ AzHFA/ CORP Total Corp Multi Family Sub Total 0 0 60 60 0 0 10,918 New Construction 0 0 0 0 0 0 640 Acquisition-Rehab 0 0 60 60 0 0 1,027 Rental Assistance 0 0 0 0 0 0 9,251 Single Family Sub total 1,050 0 1,050 801 801 3,233 New Development 0 0 0 0 0 0 0 Homeowner Rehab 0 0 0 0 0 0 160 Homeownership Assistance 1,050 0 0 1,050 0 0 1,050 Foreclosure Prevention 0 0 0 0 801 801 801 Foreclosure Counseling 0 0 0 0 0 0 1,222 Emergency and Transitional 0 0 0 0 0 0 4,257 Eviction Prevention 0 0 0 0 0 0 207 Development of Transitional 0 0 0 0 0 0 0 Dev/Rehab of Shelters 0 0 0 0 0 0 2,272 Operating and Services 0 0 0 0 0 0 1,778 Other 0 0 0 0 0 0 19,085 Miscellaneous activities 0 0 0 0 0 0 0 Other Eligible Non Housing CDBG Project 0 0 0 0 0 0 19,085 Total 1,050 0 60 1,110 801 801 37,493 All participants in the single family loan program also received Downpayment/ Closing Cost Assistance, however, no numbers are reported to avoid double counting. 14 GEOGRAPHIC DISTRIBUTION FUNDING S S STATE F FISCAL YEAR 2015 ANNUAL REPORT ARIZONA DEPARTMENT OF HOUSING S F S S F S F S F S F S F S F CDBG HOME HTF LIHTC LIHTC 9% 4% Section 8 Housing Choice Vouchers Project-Based Section 8 S F F FEDERAL JULY 1, 2014 - JUNE 30, 2015 S F F Neighborhood National Mortgage Stabilization Foreclosure Continuum of Care Program (NSPI&III) Counseling Program HOPWA ADOH Total Apache 185,283 62,500 25,888 0 0 0 0 6,651 217,566 0 0 $497,888 Cochise 198,141 60,800 41,153 0 0 0 0 0 598,690 0 0 $898,784 Coconino 266,871 812,500 149,861 13,486,930 0 0 0 30,787 914,395 0 0 $15,661,344 Gila 564,566 0 1,769 0 0 0 0 1,687 0 0 0 $568,022 Graham 186,615 740,000 9,196 5,826,130 0 0 0 0 47,603 0 0 $6,809,544 Greenlee 100,000 0 9,196 0 0 0 0 0 0 0 0 $109,196 La Paz 181,736 0 9,945 0 0 0 0 0 62,189 0 0 $253,870 Maricopa 0 1,500,000 2,518,000 73,917,130 4,195,840 0 0 0 0 750,000 0 $82,880,970 Mohave 885,805 1,251,021 604,943 10,903,960 0 0 0 120,229 315,914 0 0 $14,081,872 Navajo 369,726 587,500 20,911 3,279,180 0 0 0 0 197,482 0 0 $4,454,799 Pima 146,000 1,000,000 775,000 31,346,760 13,636,080 0 0 0 941,236 0 0 $47,845,076 Pinal 1,298,061 1,799,200 156,260 6,234,290 0 0 0 0 231,789 0 0 $9,719,600 Santa Cruz 330,341 0 762,260 0 0 0 0 0 63,445 0 0 $1,156,046 Yavapai 1,100,080 812,500 139,041 8,709,540 2,332,560 1,239,103 0 64,583 513,470 0 0 $14,910,877 Yuma 3,228,235 0 33,536 0 0 0 0 641,561 0 0 $3,903,332 Statewide (no breakdown) 0 0 193,083 0 0 0 51,349,528 0 0 0 360,600 $51,903,211 Rural (no breakdown) 0 0 0 0 0 0 0 0 235,140 0 0 $235,140 $4,980,480 $750,000 $360,600 $255,889,571 0 0 360,600 $51,903,211 4,039,244 0 0 $73,260,314 941,236 750,000 0 $130,726,046 Grand Total $9,041,460 $8,626,021 $5,450,042 $153,703,920 $20,164,480 $1,239,103 $51,349,528 $223,937 0 0 193,083 0 0 0 51,349,528 0 Rural 8,895,460 6,126,021 1,963,959 48,440,030 2,332,560 1,239,103 0 223,937 Urban 146,000 2,500,000 3,293,000 105,263,890 17,831,920 0 0 0 Statewide SECTION 8 PBCA RENTAL SUBSIDY PASSTHROUGH NOT BROKEN DOWN BY COUNTY 15 GEOGRAPHIC DISTRIBUTION FUNDING (AZHFA/AHFPFC) FISCAL YEAR 2015 ANNUAL REPORT AZHFA S F AHFPFC S STATE JULY 1, 2014 - JUNE 30, 2015 F FEDERAL SINGLE FAMILY LOAN PROGRAM Downpayment/ Closing Cost Asst Mlulti-Family Bonds AzHFA Total SOHAZ Corp Total TOTAL Apache 98,679 3,947 0 102,626 70,667 70,667 $671,181 Cochise 4,447,406 177,896 0 4,625,302 428,029 428,029 $5,952,115 Coconino 7,039,542 281,581 0 7,321,123 338,021 338,021 $23,320,488 Gila 697,425 27,897 0 725,322 108,532 108,532 $1,401,876 Graham 492,906 19,716 0 512,622 63,606 63,606 $7,385,772 Greenlee 0 0 0 0 0 0 $109,196 La Paz 75,605 3,024 0 78,629 58,566 58,566 $391,065 Maricopa 46,155,182 1,846,211 0 48,001,393 14,948,669 14,948,669 $145,831,032 Mohave 7,113,556 284,542 0 7,398,098 1,024,627 1,024,627 $22,504,597 Navajo 681,329 27,253 0 708,582 197,384 197,384 $5,360,765 Pima 0 0 0 0 7,783,440 7,783,440 $55,628,516 Pinal 64,120,160 2,564,806 0 66,684,966 1,567,196 1,567,196 $77,971,762 Santa Cruz 95,243 3,809 0 99,052 578,474 578,474 $1,833,572 Yavapai 14,304,715 572,188 4,100,000 18,976,903 1,032,976 1,032,976 $34,920,756 Yuma 16,880,229 675,209 0 17,555,438 1,042,358 1,042,358 $22,501,128 Statewide (no breakdown) 0 0 0 0 1,155,039 1,155,039 $53,058,250 Rural (no breakdown) 0 0 0 0 0 0 $235,140 Grand Total $162,201,977 $6,488,079 $4,100,000 $172,790,056 $30,397,583 $30,397,583 $459,077,210 Statewide 0 0 0 0 30,397,583 30,397,583 $53,058,250 Rural 116,046,795 4,641,868 4,100,000 124,788,663 6,510,435 6,510,435 $204,559,412 Urban 46,155,182 1,846,211 0 48,001,393 22,732,109 22,732,109 $201,459,548 16 GEOGRAPHIC DISTRIBUTION, HOUSEHOLDS S S STATE F ARIZONA DEPARTMENT OF HOUSING S F FISCAL YEAR 2015 ANNUAL REPORT S S F S F S F S F F S S F CDBG HOME HTF LIHTC LIHTC 9% 4% Section 8 Housing Choice Vouchers Project-Based Section 8 S F F FEDERAL JULY 1, 2014 - JUNE 30, 2015 S F F Neighborhood National Mortgage Stabilization Foreclosure Continuum of Care Program (NSPI&III) Counseling Program HOPWA ADOH Total Apache 12 2 0 0 0 0 0 1 30 0 0 45 Cochise 1843 1 0 0 0 0 0 0 103 0 0 1947 Coconino 5 6 750 81 0 0 0 9 96 0 0 947 Gila 9 0 0 0 0 0 0 0 0 0 0 9 Graham 119 8 0 72 0 0 0 0 8 0 0 207 Greenlee 45 0 0 0 0 0 0 0 0 0 0 45 La Paz 123 0 0 0 0 0 0 0 9 0 0 132 Maricopa 0 9 767 404 139 0 0 0 0 9 0 1328 Mohave 765 23 0 113 0 0 0 22 49 0 0 972 Navajo 3097 8 0 32 0 0 0 0 33 0 0 3170 Pima 55 9 5 186 340 0 0 0 140 0 0 735 Pinal 1216 38 0 58 0 0 0 0 34 0 0 1346 Santa Cruz 2277 0 6 0 0 0 0 0 10 0 0 2293 Yavapai 4946 38 0 38 60 220 0 25 180 0 0 5507 Yuma 7488 0 0 0 0 0 0 0 87 0 0 7575 Statewide (no breakdown) 0 0 0 0 0 0 8083 0 0 0 1222 9305 Rural (no breakdown) 0 0 0 0 0 0 0 0 0 0 0 0 779 9 1,222 35,563 0 0 1,222 9,305 Grand Total 22,000 142 1,528 984 539 220 8,083 57 0 0 0 0 0 0 8,083 0 Rural 21,945 124 756 394 60 220 0 57 639 0 0 24,195 Urban 55 18 772 590 479 0 0 0 140 9 0 2,063 Statewide 17 GEOGRAPHIC DISTRIBUTION, HOUSEHOLDS (AZHFA/AHFPFC) FISCAL YEAR 2015 ANNUAL REPORT AZHFA S F AHFPFC S STATE JULY 1, 2014 - JUNE 30, 2015 F FEDERAL SINGLE FAMILY LOAN PROGRAM Downpayment/ Closing Cost Asst Mlulti-Family Bonds AzHFA Total SOHAZ Corp Total TOTAL Apache 1 0 0 1 2 2 48 Cochise 37 0 0 37 14 14 1998 Coconino 33 0 0 33 8 8 988 Gila 4 0 0 4 5 5 18 Graham 3 0 0 3 2 2 212 Greenlee 0 0 0 0 0 0 45 La Paz 1 0 0 1 1 1 134 Maricopa 253 0 0 253 384 384 1965 Mohave 48 0 0 48 34 34 1054 Navajo 5 0 0 5 3 3 3178 Pima 0 0 0 0 218 218 953 Pinal 420 0 0 420 42 42 1808 Santa Cruz 1 0 0 1 23 23 2317 Yavapai 101 0 60 161 25 25 5693 Yuma 143 0 0 143 40 40 7758 Statewide (no breakdown) 0 0 0 0 0 0 9305 Rural (no breakdown) 0 0 0 0 0 0 0 Grand Total 1,050 0 60 1,110 801 801 37,474 Statewide 0 0 0 0 0 0 9,305 Rural 797 0 60 857 199 199 25,251 Urban 253 0 0 253 602 602 2,918 *All participants in the single family loan program also received Downpayment/ Closing Cost Assistance, however, no numbers are reported to avoid double counting. 18 FISCAL YEAR 2015 ANNUAL REPORT JULY 1, 2014 - JUNE 30, 2015 ARIZONA DEPARTMENT OF HOUSING ARIZONA HOUSING FINANCE AUTHORITY Michael Trailor Director The Arizona Housing Finance Authority (AzHFA) operates under the Arizona Department of Housing and focuses on providing affordable housing opportunities to all Arizonans. AzHFA raises funds for our initiatives in the national capital markets and forms partnerships with banking and lending institutions to facilitate our programs throughout the state. 1110 W. Washington, Suite 310 Phoenix, Arizona 85007 Main 602-771-1000 TTY 602-771-1001 FAX 602-771-1002 CHAIRPERSON Robert Gardiner Northern Trust NA VICE CHAIRPERSON John Sundt Sundt Law, PLLC SECRETARY Paul C. DeSanctis Arizona Lending Specialists, LLC TREASURER Randall Pullen Oasis Partners, LLC Zeek Ojeh Cartwright School District Peter Burch Metropolitan Land Company www.azhousing.gov Title II of the Americans with Disabilities Act prohibits discrimination on the basis of disability in the programs of a public agency. Individuals with disabilities who need the information contained in this publication in an alternative format may contact the Arizona Department of Housing at (602) 771-1000 or our TTY number (602) 771-1001 to make their needs known. Requests should be made as soon as possible to allow sufficient time to arrange for the accommodation. 19